NBU increasing foreign exchange reserves

In December, international reserves of National Bank of Ukraine increased by 3.1% to 34.576 billion dollars, says the report NBU. In particular, foreign currency reserves at the end of the year amounted to 33.319 billion dollars, reserve position in International Monetary Fund - 0.03 million dollars, the Special Drawing Right - 7.96 million dollars, gold - 1.248 billion dollars as reported In November foreign exchange reserves of National Bank decreased by 2.1% to 33.539 billion dollars in general since the beginning of the year's gold and currency reserves grew by 30,5%. It is worth noting that the NBU previously reported decrease in demand for foreign currency in the interbank foreign exchange market in December. In this case, the NBU stressed that getting the next tranche of the IMF in the amount of one billion SDR (1,47 billion dollars) made it possible to increase the stabilization potential of international reserves. Ministry of Industry